Can I go above the max LTV on a loan to include the loan fees?

[Adam Williams]

I know this is a silly question, but I can't seem to find the answer. When getting a conventional loan, is it possible to go above the max LTV to include the closing costs?

Example: The property is valued at $200k and the max LTV is 75%, or in other words, $150k. If the closing costs are $5k, there is no way to include the closing costs in the loan so that the loan is $155k right?

Again, I know this is silly but I want to make sure I'm not missing something. Thanks!