Cash-Out Refi Standards

[Sam Haack]

Hi all, does anyone know if the same kind of vetting is done for cash-out refis as is done for regular mortgages? This would for a primary residence that I want to access some of the equity in. My main concern is that I recently switched over from a full-time W-2 job to being fully 1099 and self-employed. Will this come up on a refi application and work against me? Thanks everyone!