Your HELOC,
in your wallet.
Your home’s equity,
in your wallet.
- HELOCs up to $250k with rates as low as 5.99% var. APR1
- Get cash at fixed rates as low as 6.74% APR1
- Funding in as few as 4 days2
- Get instant access to your line with the Trovy card
Takes 90 seconds to check your rate • No credit impact5
Why homeowners love the Trovy HELOC
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Card-based access
Use your equity like a credit card, anywhere you need it
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No upfront draw11
Open your line and use it only when you're ready
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Low interest rates
A fraction of credit card or personal loan rates
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Minimal fees
No application, appraisal, or annual fees
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Revolving credit
Draw, repay, and redraw as many times as you need
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Rate flexibility
Choose variable or fixed rates based on your strategy
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Fast & digital
Apply in minutes, close in days, not months
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White-glove service
Real people who understand HELOCs when you need help
Mortgage rates, with credit-card convenience.
Your HELOC comes with a Trovy Card you can use anywhere Mastercard is accepted. In addition to the ability to withdraw cash or transfer balances, accessing your home equity is as easy as swiping a credit card.
Learn more about the Trovy Card
Why you'll love the Trovy Card
- 2% cash back on home purchases, 1% on everything else10
- No draw fee when you use your card
- Still only one monthly payment
- No interest if you pay off your balance
Want the certainty of a fixed rate? Sure thing.
Choose your rate, right from the start. When you take a cash advance or balance transfer, lock it in as a FixedPay draw12 with a fixed APR and equal monthly payments over a term from 1 to 25 years, or leave it variable with a minimum payment of 1% of principal plus interest. You can also convert all or part of an existing balance to fixed anytime you want more predictability.
Try the Payment Calculator
Quick & easy to apply
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Check your rate in 90 seconds with no credit impact
Check your offer in under 90 seconds with no credit impact by providing basic information about you and your property.5
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Apply 100% online and close with a remote notary
Accept your offer and sign your closing documents online – even the notary step is virtual and on-demand.8
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Access your funds in as few as 4 days2
Transfer your high-rate balance, send cash to your bank account, and start spending with your Trovy Card.
What our customers are saying
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Trovy HELOC for Debt consolidation
Consolidate high-interest debt
Choose the debts you want to consolidate such as credit cards, personal loans, or auto loans. Pay them off with your HELOC's lower rate.
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Trovy HELOC for Emergency fund
Build a smarter emergency fund
Financial advisors recommend keeping 3-6 months of expenses in an easily accessible fund. Trovy can help prepare you for peace of mind and whatever comes next.
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Trovy HELOC for Home renovation
Fund your dream renovation
Use your home equity for home improvements. Upgrade your home without draining savings, or refinancing your low-rate mortgage.
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Trovy HELOC for Major purchases
Finance life's big moments
Borrow against your home's equity at rates dramatically lower than other options. Only pay interest on what you use, with flexibility for future needs.
Frequently asked questions
See allWhat makes the Trovy HELOC special?
Trovy is the HELOC built for how you actually want to borrow, with an easy online application, flexible rates and flexible draws.
There is no minimum upfront draw on lines up to $100,000, so you only pay interest on what you use.
With the Trovy HELOC, you can choose between fixed or variable rate draws.
Trovy gives you a Trovy HELOC credit card to access your line anytime, just like a credit card, wherever Mastercard is accepted. You'll pay no draw fees when you access your HELOC using the card, and you'll earn cashback rewards.
What is the Trovy HELOC Card?
With your Trovy HELOC, you will receive a Trovy Card that you can use to access your line of credit. You can use it for purchases or cash advances anywhere Mastercard is accepted, giving you flexible access to your home equity funds when you need them. There are no draw fees when you use your Trovy card for purchases.
Does Trovy offer a fixed rate?
Yes! The Trovy HELOC lets you choose between fixed and variable rates when you send cash to your bank account or consolidate debt with Trovy. If you choose a fixed rate of interest, you can also choose your repayment term, ranging from 1 year to up to 25 years. To give you even more flexibility, you can also convert any outstanding variable rate balances and draws to a fixed rate with Trovy FixedPay.
How do I take cash out with the Trovy HELOC?
You can use your Trovy HELOC to request an ACH transfer to your bank account, and you can use your Trovy Card to take cash out at an ATM. We do not offer checks to access your HELOC funds. This gives you quick access to your home equity when you need it most. Each cash advance will be subject to a fee of up to 3.99% of the amount drawn, up to a 5% life of loan cap.
Does Trovy require an upfront draw?
Trovy does not require any upfront draw when you open your HELOC if your loan size is $100,000 or less. If you need more than $100,000, you can take an upfront draw in the form of a cash advance or balance transfer at closing. You can draw funds whenever you need them.
How does FixedPay work?
Trovy FixedPay allows you to convert eligible variable rate draws to a fixed rate of interest, at a repayment period of your choosing, which can range from 1 to 25 years.
