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Next to interest rates, refinance closing costs are the most important concern to those refinancing their home mortgages.  If you have shopped a home refinance across the block and received numerous good faith estimates, you may have noticed that refinance closing costs can differ widely among mortgage lenders. 

There are four major segments that make up your total closing and settlement costs and comparing these areas among different lenders should show you who has the true lowest refinance closing costs.  These segments are lender fees, third party fees, pre-paids & escrows, and government taxes and fees.  The latter two segments should be fairly consistent among lenders but the real difference should show up on lender fees and third party fees.