Problem with conventional lender in Dallas

[Nick Smith]

I am a new investor in the Dallas area.  I'm supposed to close on a house in 5 days, and my lender just came back saying I had to fix a bunch of cracks in the walls before I could get the loan.  I figured the cracks might be a problem, so I explained everything to the lender up front and he said that it should be fine.  I bugged him pretty regularly to make sure that everything was on track with the loan, and he waited to drop this bomb on me 5 days before closing. Needles to say, I'm not very happy.  The seller doesn't have the means to fix the walls and I obviously can't fix a property that I don't own. Does anyone have any advice on how to move forward?

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