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Fred-Assini

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November 05, 2024
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Fred Assini, CEO of Alpha Tech Lending, commemorated his 37th year in the real estate industry in 2024. Since assuming control in 2019, he has expertly guided the firm, which began in the Northeast United States in 2007 and expanded nationwide. Alpha Tech Lending, headquartered in New York and Boca Raton, Florida, provides direct capital access to real estate investors, brokers, and referral partners, streamlining their financial transactions.

Under Fred’s leadership, Alpha Tech Lending has seen significant growth, thanks to his team’s strategic and passionate approach to the complicated real estate and lending processes. They ensure the success of each project by providing timely feedback, finding the right loan for each situation, maintaining transparent terms, and offering steadfast professional support.

The company’s loan offerings include Fix & Flip, New Construction, DSCR 1-4, DSCR 5+, Bridge Loans, and Tru No Doc Loans. These products cater to a broad spectrum of needs in the real estate market. Fix & Flip loans are designed for investors looking to renovate and sell properties at a profit. New Construction loans offer competitive financing for investors, builders, and developers starting projects from scratch. DSCR loans are targeted at investors in rental properties based on the property’s income potential, while Bridge Loans provide temporary funding until permanent financing is secured. The Tru No Doc Loan program is unique because it doesn’t require borrower credit or financial disclosures, focusing instead on the collateral value.

Moreover, Alpha Tech Lending supports mortgage brokers and consultants working with real estate investors through its Registered Broker Partner Program, which allows access to specialized financing and offers a comprehensive compensation structure.

Previously, Fred Assini founded First Rehab Lending in 2012, a firm providing short-term commercial loans for non-owner-occupied residential real estate. This endeavor was marked by prompt service and efficient in-house loan processing, facilitating quick approvals and closings, and establishing long-term client relationships through high-quality service and competitive rates.

At 27, Assini also established Franklin First Financial, where he grew into a significant lender licensed in 40 states and recognized as one of the nation’s top mortgage providers. Innovative marketing strategies and a commitment to diverse financial products and cutting-edge technology distinguished his leadership at Franklin First.

Fred managed a general contractor company earlier in his career, gaining valuable insights into construction and client needs, which enhanced his ability to serve his Alpha Tech Lending clients. Throughout his career, he has also completed nearly a hundred fix-and-flip projects and has been actively involved in various real estate lending organizations, earning numerous awards.

A proud sponsor of local and national charity events, Assini is committed to giving back to the community through substantial donations. Outside work, he enjoys spending time with his family, playing golf, traveling, and maintaining his health and wellness.

Born in Brooklyn, New York, Fred Assini graduated from Saint John’s University with a finance degree before embarking on a successful career in private lending.

Portfolio 1: https://fred-assini.com

Portfolio 2: https://fredassinisr.com