Fred Assini, the Chief Executive Officer of Alpha Tech Lending, celebrated his 37th year in the real estate industry in 2024. Since assuming leadership in 2019, he has successfully expanded the reach of the nationwide private asset-based lender. Established in the Northeast United States in 2007, Alpha Tech Lending offers efficient access to direct capital to real estate investors, brokers, and referral partners. The company's headquarters are in New York and Boca Raton, Florida.
Under his leadership, Fred and his team have strategically developed Alpha Tech Lending to navigate the complex real estate financing landscape. They focus on providing clients with timely feedback, suitable loan options, transparent terms, and dedicated support to ensure the successful completion of projects.
Alpha Tech Lending's diverse loan programs include Fix & Flip, New Construction, DSCR 1-4, DSCR 5+, Bridge Loans, and Tru No Doc Loans. The Fix & Flip loans are crafted to help investors purchase and revitalize properties to maximize returns. At the same time, New Construction Loans provide crucial financing for developers from acquiring to constructing new projects.
Specializing in DSCR (Debt Service Coverage Ratio) Loans, the company caters to those investing in properties expected to generate significant rental income, supporting residential, mixed-use, and commercial ventures. The Bridge Loan program offers temporary financing solutions to clients as they transition to more permanent financing arrangements. Additionally, the Tru No Doc Loan program uniquely qualifies loans based on the value of the collateral, independent of the borrower's credit score or financial history.
Fred Assini also oversees the Alpha Tech Lending Registered Broker Partner Program, which helps mortgage brokers and consultants expand their businesses through access to specialized financing options such as Fix & Flip and Rental financing, accompanied by a competitive compensation structure.
Early in his career, Fred founded First Rehab Lending in 2012, a firm that provides short-term commercial loans for acquiring non-owner-occupied residential real estate. He established a reputation for rapid service delivery and fostering enduring client relationships by ensuring competitive rates and high-quality service.
Previously, at age 27, Assini launched Franklin First Financial, which he grew to obtain licensure in 40 states and was recognized as one of the top U.S. mortgage originators. He managed a large team, overseeing more than $10 billion in loan origination, attributed to his effective marketing strategies and a commitment to technological innovation and product diversity.
In addition to his financing expertise, Fred's experience managing a general contractor company has afforded him valuable insights into client needs, particularly in the fix-and-flip market, where he has completed nearly 100 renovations. His leadership has garnered multiple awards and a prestigious role in various industry organizations.
A dedicated philanthropist, Fred Assini actively sponsors numerous local and national charity events. Outside of his professional pursuits, he enjoys spending time with his family, golfing, traveling, and maintaining a rigorous health and wellness regimen. Born in Brooklyn, New York, he graduated from Saint John's University with a degree in finance, which paved his way into the world of private lending.
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