United Guarantee Mortgage Indemnity Company said that Regions Mortgage, of Montgomery, N.C., and Ohio Savings Bank, Cleveland, will offer its high-loan-to-value product to customers.

The product, Borrower Advantage, provides mortgage insurance on primary loans that, including closing costs, amount to 103% of the value of the home.

The product is designed to attract borrowers who are now taking high- cost second mortgage loans.

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