Credit allowance, CA , Need Help Fast!

Hello All,

I have a property in escrow here in California, I had the sale price at 370k and the seller to credit back 20k in escrow. My lender said: NO WAY! the credit is too high.

Is there any way to get 20k back at closing any other way than a credit?
I am trying to get a 90% ltv loan with only puting down 17k, the owner of the property wants 350k for the 370k apr. value. How can I structure this transaction?

I had the Idea of the owner contracting the property to my unmarried spouse for350k and have her assign the property to me for the 20k? has any tried this or know if would work?

Any advice or coments would be greatful!!!

Justin C.