Trovy is the HELOC built for how you actually want to borrow, with an easy online application, flexible rates and flexible draws.

You don't have to draw it all at once, and it works like a credit card, allowing you to draw on it as needed.

When you take cash out or transfer a high-interest balance to your Trovy line, you pay a fixed rate of interest and choose the repayment term.

Trovy also 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.

With your Trovy HELOC, you will receive a Trovy HELOC credit card that you can use to access your line of credit. You can use it 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 HELOC credit card for purchases, and you get your HELOC rate of interest on a card, saving you money compared to a typical credit card.

To qualify for the Trovy HELOC, you must meet certain eligibility requirements related to your home equity (max CLTV of 85%), credit score (minimum of 640 credit score), debt-to-income ratio (45%), and property. Trovy uses a streamlined process to assess your qualifications and provide instant decisions. Meeting these minimums doesn't guarantee approval, as we evaluate each application holistically based on your complete financial profile. Check how much you qualify for here. There's no impact on your credit score to check your rate.