REALTORÂ® | Mortgage Broker
Keller Williams Realty | 360 Lending Group
If you inflate your offer and increase the Seller contribution at the same time; you will need to hope that the Appraisal will cover the higher figure.
If you have an Appraisal Contingency, you will be covered for that.
Also, your Pre-Paid Taxes will decrease each month until June and that will decrease your Closing Costs.
You must have already made your Offer, and surely you did your diligence and know what the Market Value of the Property is; otherwise you wouldn't know that the Bank will only go 3%.
The Bank probably has a low tollerance for playing games and you will have only one chance to get this.
Depending on your LOAN, you should be able to hold this together, You're close.
Good luck and may God bless