In many cases, you can expect to receive the cash at closing, typically in the form of a cashier’s check or wire transfer. But attorney Dmitriy Kondratiev cautions that it could take up to three business days to receive funds after closing. This three-day period is your legal right, called a “right of rescission,” put in place to protect the borrower. You have three days to change your mind and rescind the contract. But if you need the money more quickly, you can waive your right of rescission.