Trovy vs. Aven
Considering Aven?
Trovy is built different.
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HELOCs up to $250K, with no need to draw it all at once - Take cash out and consolidate debt at rates as low as 6.49% APR1
- Apply 100% online in as fast as 4 minutes, funding in as few as 4 days2
- Access your line with $0 draw fees using the Trovy HELOC credit card4
Takes 2 min • No credit impact5
Trovy vs. Aven: Compare our HELOCs
| Feature |  |  |
|---|---|---|
| Draw period | 5 years, with up to three 5-year extensions13 | 1 year, renewed annually at Aven's discretion |
| Loan amount | Up to $250,000 | May offer higher limits in some states |
| Upfront draw requirement | None for lines $100,000 or less11 | Higher rate if you don't draw 80% of your limit |
| Draw fees | $0 on card purchases. Up to 2.99% on ACH transfers, capped at 5% over the life of the loan4 | $0 on card purchases. 2.50% on ACH transfers, with no cap disclosed. |
| Fixed-rate conversion | Lock in the current variable rate, even if it's dropped since you opened | Your initial rate may be your rate floor, so a rate drop might not help you |
| Fixed rate at time of draw | Yes, on cash outs and balance transfers | No, draws start at a variable APR |
| Payment allocation | Extra payments go to your highest-APR balance first | Minimum payments go to lower-rate balances first |
| Rewards | 2% on home purchases, 1% on everything else. Up to $200 in home service credits annually.10 | 2% on all purchases |
Comparison based on a review as of September 1, 2026.
Takes 2 min • No credit impact5
Trusted and loved by our customers.
Here's what homeowners are saying. See 100+ reviews on TrustPilot.
- Testimonial 1 of 9
“Trovy delivered on every aspect. If you're looking for a much better alternative to the traditional HELOC, I highly recommend Trovy.”
-Marc Sep 4, 2025 - Testimonial 2 of 9
“I heard many good things about Trovy and wanted to see for myself. It was a cake walk, due to the amazing support team.”
-Emad Mar 31, 2026 - Testimonial 3 of 9
“The process was very easy–I could do everything sitting in my living room. Super fast response times, clear and nicely organized.”
-Diane May 18, 2026 - Testimonial 4 of 9
“Trovy transformed what I expected to be a month-long lending process into a seamless experience completed in just days, with outstanding support at every step.”
-Raljoseph July 14, 2026 - Testimonial 5 of 9
“Absolutely seamless process. Zero hiccups. I also tried Aven–and the difference is human interaction, which is available at every junction with Trovy.”
-Bobby May 1, 2026 - Testimonial 6 of 9
“Trovy is disrupting the HELOC market with lightning-fast service, zero paperwork headaches, and problem-solving support.”
-Dean Mar 5, 2026 - Testimonial 7 of 9
“It was a great experience from start to funding. Thank you so very much!”
-Mike July 15, 2026 - Testimonial 8 of 9
“Fast, efficient and better than the competitors.”
-Frank Aug 3, 2026 - Testimonial 9 of 9
“Very quick and easy process. Excellent customer service.”
-Chris May 2, 2026
Simple to apply, easy to use.
Takes 2 minutes • No credit impact5
- 1
Check your rate in 2 minutes with no credit impact5
- 2
Apply 100% online, and close with a remote notary8
- 3
Access your funds — get cash out or spend with the Trovy Card — in as few as 4 days2
Support that's actually there, when you need it.
Frequently asked questions
See allIs a Trovy HELOC a real HELOC?
Yes. The Trovy HELOC is a home equity line of credit that has the same basic legal structure as a bank HELOC. The difference is that the Trovy HELOC was built to make accessing home equity simpler and more flexible. Instead of a checkbook or wire transfer, you get a physical and virtual HELOC credit card, an application process built for your phone, and funding in days rather than weeks. With the Trovy HELOC, you can draw funds as you need them, and access your HELOC funds instantly with the Trovy HELOC credit card.
How is Trovy different from Aven?
Trovy and Aven let you access home equity through a HELOC credit card. Trovy gives you a longer draw period, the ability to lock in a lower rate if rates drop, and payment allocation that pays down your highest-rate balance first. Trovy also lets you take cash out at fixed rates. Trovy also offers live phone and email support, backed by strong customer reviews on Trustpilot, so you have real help available through your application process and beyond.
What is the Trovy HELOC credit card?
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.
Ready to unlock your home equity?
Takes 2 minutes to check your rate • No credit impact5