Tellus is a non-bank lender that makes short-term loans — typically 12-month terms — against non-owner-occupied residential property. Borrowers are fix-and-flip operators, landlords pulling equity from rental properties, and developers doing small-scale residential construction. This is short-term business-purpose lending arranged through licensed brokers, not consumer mortgages.

Your experience as a saver is something different entirely. You earn cash rewards at the APY shown in the app, and you can earn more when you claim Boost rewards and work toward your goals.

Tellus is not a bank. Tellus is not FDIC-insured.