Meet Steve Abo
When people ask me what I do, I like to tell them that I make rich people richer.
I, Steve Abo, am all about funding deals. So much so, my personal loan production eclipses that of some of my competing entire whole company’s productions. You might wonder how I do that? Well it’s a multifaceted answer. Let’s start with my approach. Growing up the son of a prominent NYC born Radiologist here in Los Angeles, it was engrained in my brain to understand my craft backwards and forwards.
Over the past 32 years, I have made it a point to know everything there is to know about investing in all different types of real estate assets and markets, understanding cash flows, dissecting tax returns and increasing value. On the flip side of the coin, studying capital markets and money flows has always been a passion.
I have attended every type of conference, from those open to the common run of the mill mortgage broker, to select invite-only meetings of the World’s wealthiest one percent. Key to all of this is the building of my life-long relationships. My clients/borrowers once they get to know me prosper. My money sources get excited every time I call. I’ve been rather fortunate in my life. Career wise, I was able to build up a mortgage bank, Credit America, with close to 100 employees.
In fact in 2005 recognizing a top in the market, I sold it for a juicy profit only to see my competitors file for bankruptcy a few years later. After shedding the bank, I realized that what I loved the most about the business is helping people like my dad use to do. When you present me with a request or seek advice, I will always give you a thorough evaluation and realistic quote. Most importantly, I will keep anyone and anything from getting in the way of funding your loan, investment and/or business.
Personally, I have traveled to every continent, except the Antarctic, many ski trips to the Rockies and surf trips to places like Bali, Fiji, Hawaii and Australia. I am the proud father of a daughter entering the medical profession. I reside in Bel Air, Los Angeles. Wherever I am, I can be reached to hear all about your situation and to see if my vast network can help you prosper.
Meet The Team
I have 15 years experience in Investment Real Estate, Property Management, Financial Markets, Finance Leveraging, Financial Planning, and Credit Lending.
Real estate and finance are my passion and background. I have been working in the financial industry since 2006 assisting investment borrowers, builders, home sellers, first time home buyers, and military veterans. Languages: English and Mandarin.
NMLS #994608 | CA BRE#00847677
Abo Capital offers commercial and residential mortgage loans for investors and businesses looking to obtain favorable funding.
We fund super easy to difficult loans, which may be deemed as not bankable or turndowns. Challenges that we often solve pertain to borrower and property shortfalls. Many of our clients were unable to obtain financing prior to working with Abo Capital.
We use decades of invaluable lending experience to reward borrowers’ expectations with optimum financing solutions. We understand that there are many paths to go down in obtaining financing, but choosing our unique approach that is coupled with our solid relationships will reward our investor clients with optimum terms and results. This includes the highest to lowest credit investors, as well as trophy to distressed asset classes.
Our Founder, Steve Abo, a licensed mortgage professional since 1990, has acquired a tremendous amount of knowledge about commercial property loans.
After building a nationwide mortgage bank for home loans that was sold in 2005, Steve started arranging commercial and private money loans.
Since 2009, Steve has focused on commercial lending that has led to an extensive network of relationships with private investors, banks, credit unions, life companies, REITS, hedge funds, and mortgage banks.
For more than 30 years, Steve has leveraged his relationships and his real estate financing acumen to close more than 30,000 mortgage loans that exceeded $30,000,000,000 in funded transactions.
As a nationwide correspondent lender with a stellar reputation, Steve provides value-added consultation services and trusted advice.
Contact Abo Capital today for information about financing commercial real estate.