Fred Assini@fredassini
Fred Assini, Chief Executive Officer of Alpha Tech Lending, recently celebrated his 37th year in the real estate industry. Since 2019, he has led the company, which was founded in the Northeast United States in 2007 and has since grown to serve clients nationwide with offices in New York and Boca Raton, Florida. Alpha Tech Lending provides real estate investors, brokers, and referral partners with easy access to capital.
Under Fred's direction, the company has thrived by fostering a culture of passion and strategic planning. Recognizing the complexities inherent in real estate projects and financing, he ensures that his team is responsive and supportive, offering timely feedback, matching suitable loans to each project, and maintaining transparent terms.
Alpha Tech Lending offers a range of loan programs tailored to meet diverse needs. These include Fix & Flip, New Construction, DSCR 1-4, DSCR 5+, Bridge Loans, and Tru No Doc Loans. The Fix & Flip loans facilitate the purchase and renovation of properties for profit, while New Construction loans support the creation of new buildings from the ground up. DSCR loans are designed for purchasing rental properties, offering financing based on expected rental income, and Bridge Loans provide short-term funding until traditional financing can be secured. The Tru No Doc Loan program uniquely qualifies loans based on the value of the collateral alone, without regard to the borrower's credit or financial status.
Additionally, Assini has expanded support for mortgage brokers and consultants, enabling them to access diverse financing options for their clients through the Alpha Tech Lending Registered Broker Partner Program. This initiative offers competitive compensation and ensures complete protection for partners.
Earlier in his career, Fred Assini established First Rehab Lending in 2012, providing short-term commercial loans for non-owner-occupied residential real estate. His commitment to efficiency and client service quickly distinguished First Rehab Lending in the market, helping to secure long-term client relationships through high-quality service and competitive rates.
At 27, Fred also launched Franklin First Financial, growing it to receive licensure in 40 states and recognition as one of the nation's top mortgage lenders. His leadership there was defined by his adoption of innovative technologies and diverse financial products to enhance customer satisfaction and operational efficiency.
Moreover, Assini's experience managing a general contractor company gave him essential insights into the construction sector, which has been invaluable in understanding and addressing the needs of his clients. Over his career, he has completed nearly 100 fix-and-flip renovations. He has been actively involved in various industry organizations, earning numerous awards for his mortgage and real estate lending contributions.
Fred Assini is also a committed philanthropist, supporting many local and national charity events. When not working, he enjoys time with his family, golfing, traveling, and maintaining a health and wellness routine.
Born in Brooklyn, New York, Fred attended Saint John's University, where he completed a degree in finance and embarked on a prolific career in private lending.