Quick Mortgage question-Money left over...

[Victor G.]

Hi 

If I was approved for a loan for 180k but I find a property selling for 140k that is currently livable, however I  would like to spend money on cosmetic updates. Can I ask the bank for the extra 40k to do whatever repairs necessary to my liking, such as on a line of credit. I know this question may be basic lol. 

This is on a basic mortgage not any 203k or fixer upper program, actually a piggyback mortgage(80-10-10). 

Thanks in advance