Fred Assini, the Chief Executive Officer of Alpha Tech Lending, commemorated his 37th year in the real estate industry in 2024. Since taking the reins in 2019, he has propelled the firm to prominence as a nationwide private asset-based lender. Founded in 2007 in the Northeast United States, Alpha Tech Lending has since broadened its footprint across the country, with dual headquarters in New York and Boca Raton, Florida.
Under Fred's leadership, Alpha Tech Lending has experienced substantial growth over the last five years. He strongly focuses on understanding and simplifying the complex nature of real estate projects and lending processes. He ensures his team delivers prompt feedback, accurate loan matching, transparent terms, and professional support to guarantee the success of each project.
The company offers a suite of specialized loan programs tailored to the diverse needs of real estate professionals. These include Fix & Flip, New Construction, DSCR 1-4, DSCR 5+, Bridge Loans, and Tru No Doc Loans. Fix & Flip loans assist investors in renovating and selling properties for profit, while New Construction loans provide crucial funds for building projects from the ground up. DSCR loans support investments in residential, mixed-use, and commercial properties based on projected rental income, and Bridge Loans offer short-term funding solutions.
Additionally, the Tru No Doc Loan program stands out by not requiring a credit check or financial history, as loans are secured by the property's value alone. Alpha Tech Lending also helps mortgage brokers and consultants expand their operations by providing access to Fix & Flip and Rental financing through a registered broker partner program, which includes a competitive compensation plan and comprehensive partner protection.
Prior to Alpha Tech Lending, Assini founded First Rehab Lending in 2012, focusing on short-term commercial loans for residential real estate. This company quickly made a name for itself by offering efficient approval processes and fostering long-term client relationships through superior service and competitive pricing.
At the age of 27, Fred started Franklin First Financial, which he expanded to a licensing footprint in 40 states. Recognized as one of the nation's top mortgage lenders, the firm was known for its consumer-direct, wholesale, and reverse mortgage offerings. His approach combined cutting-edge technology with a diverse range of financial products, driven by a strong marketing strategy and a customer-first philosophy.
Assini also brings experience from managing a general contractor company, which provides him with insights into his clients' construction and renovation needs. Over his career, he has completed close to 100 fix-and-flip projects.
A committed philanthropist, Fred supports numerous local and national charity events and generously contributes to community initiatives. Outside of his professional commitments, he enjoys spending quality time with his family, golfing, traveling, and maintaining a health and wellness routine.
Born in Brooklyn, New York, Fred Assini attended Saint John's University, where he earned a degree in finance before launching his distinguished career in private lending.