With any NJ Cash-Out Refinance (or any refinance for that matter) on a primary residence, the loan is funded 3 days (not counting Sunday) after the loan closes. This is to allow for a three-day “Right of Rescission” period that is required by New Jersey state law. This affords the consumer the opportunity to rescind their transaction even after the closing. Therefore, if you close on a Wednesday, you receive your funds on Monday. Those funds can either be wired into your account or overnighted to your home. This rule is not applicable, however for second homes or investment properties. In those cases, you would receive your funds on the day of closing.