Fred Assini, the Chief Executive Officer of Alpha Tech Lending, celebrated his 37th anniversary in the real estate industry in 2024. He has been at the forefront of Alpha Tech Lending since 2019, guiding the firm from its origins in the Northeast United States to a national presence with headquarters in New York and Boca Raton, Florida. The company, founded in 2007, provides streamlined access to capital for real estate investors, brokers, and referral partners nationwide.
Under Fred's leadership, Alpha Tech Lending has seen significant growth due to a strategic approach to navigating the complexities of real estate projects and the lending process. He and his team are committed to ensuring the success of each project by offering timely feedback, matching the suitable loans to each project's needs, and maintaining transparency and professional support.
The company's diverse loan offerings include Fix & Flip, New Construction, DSCR 1-4, DSCR 5+, Bridge Loans, and Tru No Doc Loans. These programs cater to various aspects of real estate investment and development. Fix & Flip loans, for instance, help investors purchase and renovate properties for profit, while New Construction loans provide crucial funds for developers starting new projects from scratch.
Alpha Tech Lending also specializes in DSCR Loans, which are designed to purchase properties based on the expected income from those properties. This loan type is ideal for residential, mixed-use, and commercial property investors. Additionally, the company offers financing solutions for commercial spaces, including offices, retail, warehouses, self-storage, and automotive facilities.
Their Bridge Loan program assists clients who need short-term funding before securing traditional financing, and the Tru No Doc Loan program evaluates loan qualifications based on the asset's value rather than the borrower's credit history or financial status.
Moreover, Fred Assini has expanded opportunities for mortgage brokers and consultants through the Alpha Tech Lending Registered Broker Partner Program. This program allows professionals to offer fix-and-flip and Rental financing to their clients. It is noted for its competitive compensation and comprehensive support for partners.
Earlier in his career, Fred founded First Rehab Lending in 2012, a firm quickly known for efficient service and creating long-term relationships by providing short-term commercial loans for residential real estate investments.
At 27, Assini founded and led Franklin First Financial until December 2018. Under his guidance, Franklin First became licensed in 40 states and recognized as a top national mortgage lender. His tenure at Franklin First was marked by innovative marketing and a customer-focused approach that leveraged the latest technology to offer a wide range of financial products.
Fred also brings experience managing a general contractor company, enhancing his insights into client needs. Throughout his career, he has completed nearly a hundred fix-and-flip projects and has been involved with numerous real estate lending organizations, receiving multiple industry awards.
A proud sponsor of local and national charity events, Fred Assini is dedicated to giving back to the community. Born in Brooklyn, New York, he graduated from Saint John's University with a degree in finance, which launched him into a successful career in private lending. When not working, he enjoys spending quality time with his family, golfing, traveling, and following a dedicated health and wellness regimen.