#United States #loan origination #Baker Hill #Santa Barbara, California #UN/FY

In a notable advancement in financial technology, Baker Hill has officially launched its new loan origination system, dubbed UN/FY™, marking a significant evolution in how financial institutions handle small business lending and deposit account operations. This innovative platform is the result of over 40 years of Baker Hill's experience and development in lending solutions and is designed to create a more intelligent, responsive, and profitable ecosystem for financing. The UN/FY platform combines cutting-edge artificial intelligence with dynamic data architecture to facilitate real-time decision-making and risk assessment. Powered by the Data Pond™, UN/FY allows for instant access to verified data from core banking systems and external partners, making the lending process faster and smarter. Spearheading efficiency, this solution reduces the usual underwriting time from several weeks to mere minutes, directly impacting financial institutions' ability to scale operationally. According to Baker Hill's Chairman and CEO, Andy Ivankovich, "UN/FY is not merely a platform; it's a significant leap towards redefining how financial institutions can serve their clients with unprecedented speed and trust." With its innovative design, institutions can approve small business loans almost instantly and open new deposit accounts without delay. This capability is critical not just for growth, but also for fostering deeper client loyalty. What sets UN/FY apart from traditional systems is its dynamic functionality. Unlike older models which follow linear processes, UN/FY's system pre-populates loan applications, provides real-time verification of documents, and continuously assesses risks throughout the lending journey. Furthermore, it features a Mission Control dashboard that gives bankers a consolidated view of client engagement and relationship management, thanks in large part to AI-driven insights. The platform's user-centric approach aims to transform the lending journey into a seamless experience, ensuring that both bankers and borrowers are aligned throughout each phase, right up to the closing. This comprehensive integration of business development, risk evaluation, and customer service is expected to rejuvenate both client relationships and confidence. For existing clients using Baker Hill's NextGen platform, switching to UN/FY will not act as a disruption but rather a natural progression, unlocking new possibilities without losing the reliability of their current setup. Joe Pavlik, SVP of Product Management, emphasized, "Our goal with UN/FY is to enhance our clients' core capabilities, enabling them to lend better, faster, and more, all while nurturing trust with their customers." The unveiling of UN/FY also coincides with the opening of Baker Hill's Innovation Center in Santa Barbara, California, in collaboration with Montecito Bank & Trust. This center symbolizes a joint effort towards advancing community banking using state-of-the-art tools like UN/FY for optimizing efficiencies and improving customer interactions. With the launch of UN/FY, Baker Hill intends to demonstrate that efficiency and empathy in banking are not mutually exclusive concepts. This initiative is a pivotal moment for the company and positions it for sustained growth and adaptability amidst the changing financial landscape. To explore more about UN/FY and the future of lending practices, interested parties can visit Baker Hill's official website or attend an upcoming showcase at the Baker Hill R/SE Conference in San Antonio scheduled for May 3-6, 2026, where they can witness the platform's capabilities firsthand. Baker Hill continues to establish itself as a frontrunner in delivering innovative lending technology to banks and credit unions by processing over $7 billion in loans monthly, thereby playing a crucial role in fulfilling community financial needs. Headquartered in Carmel, Indiana, the firm emphasizes scalability, security, and the innovation necessary for contemporary banking challenges.