Mortgage Company Called Offering Re-Fi (HARP?)

[Tommy Barone]

Hey guys, need help since it's the weekend and need to figure stuff out by opening tomorrow am...

My lender (PNC) called to let me know I can streamline refi my existing mortgage based on, I believe, some kind of expiring HARP option. They said my mortgage PITI would go down about $100/mo based on refi as an investment property (in case something else pops up that I want to buy) and the approx $1200 closing costs would be rolled in, still saving $100/mo PITI.

What is this all about?

Is it legit or a marketing thing?

Will that $1200 CC cover all the attorney/title fees?

Will I be marked as a modified/delinquent loan?  

Will this affect my ability to get a loan soon after for another [investment] property?  

Sounds like one of those credit card or refinance flyers you get in the mail.  Every month.  I was told that we need to hurry because the program ends right around when the closing would happen since it takes about 2 months they said.  I should also note that 10 years ago I had my mortgage modified due to hardship.  That's "off my record" now.