Why do lease payments need to be counted when the lease is nearing its end?

Question: The credit report for my borrower is showing a lease payment of $400 and only a balance of $800. They have reserves to pay that off prior to closing and he does not intent to get another lease because his company provides him with a car. Why is my underwriter insisting that this payment […]

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Why do lease payments need to be counted when the lease is nearing its end?

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