“The home Tellus’ borrowers buy typically is not the starter home. What they are seeking is called a super jumbo loan, which is designed for people that actually don’t have a ready to use mortgage solution. And we provide that solution for those categories of people.”

https://techcrunch.com/2022/11/10/a16z-backed-tellus-wants-to-help-people-use-their-savings-to-become-real-estate-investors/