Fred Assini
Chief Executive Officer of Alpha Tech Lending in New York
Fred Assini, the Chief Executive Officer of Alpha Tech Lending, celebrated his 37th year in the real estate industry in 2024. He has led Alpha Tech Lending since 2019 and has grown the company into a nationwide private asset-based lender. The company, founded in 2007 in the Northeast United States, now operates nationwide with headquarters in New York and Boca Raton, Florida.
Fred and his team have strategically expanded Alpha Tech Lending by understanding the complexities of projects and the lending process. They ensure each project's success by providing timely feedback, perfectly matched loans, transparent terms, and dedicated support.
Alpha Tech Lending offers various loan programs to meet the real estate market's diverse needs. Their offerings include Fix & Flip, New Construction, DSCR 1-4, DSCR 5+, Bridge Loans, and Tru No Doc Loans. Fix & Flip loans assist investors in purchasing and renovating properties to maximize returns, while New Construction Loans offer competitive financing for acquiring, developing, or constructing new projects.
The company is also known for its DSCR (Debt Service Coverage Ratio) Loans, which cater to investments in properties such as buildings or houses, with qualifications based on the expected profits from the property. Alpha Tech Lending also provides financing for commercial spaces, including offices, retail, warehouses, self-storage, and automotive.
Its Bridge Loan program offers short-term funding for clients awaiting traditional financing, and the Tru No Doc Loan program qualifies loans based on the asset's value without requiring the borrower's credit score or financial details.
Furthermore, Assini has established the Alpha Tech Lending Registered Broker Partner Program, which enhances the growth potential for mortgage brokers and consultants by offering access to fix-and-flip and Rental financing. This program is known for its competitive compensation and robust partner protections.
Earlier in his career, Fred founded and managed First Rehab Lending, which, starting in 2012, provided short-term commercial loans for residential real estate acquisitions. This company was recognized for its efficient service and commitment to building long-term client relationships.
At 27, Fred Assini started and led Franklin First Financial until December 2018. The company expanded to being licensed in 40 states and was celebrated as one of the nation's top mortgage lenders.