Hello, I'm a mortgage professional.
If you are buying the home and not living in it then it would be considered an investment property.
The rates on an investment properties are a bit higher than a home you would buy as your primary residence but it's not extreme.
There is no "first time home buyers rate" so you have nothing to worry about there.
It's tough to explain more without having more details on the purchase but if you would like to get in touch with me I can se if I can help you.
We have an office in Branford, CT as well so if you need to see someone in person I can set that up for you.