Trovy vs. your bank
Ready for an upgrade?
Choose Trovy.
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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 HELOC vs. Traditional Bank HELOC
| Feature |  | Traditional Bank |
|---|---|---|
| Application process | Fully online, apply from your phone | Weeks of paperwork, branch visits |
| Time to funding | As fast as a few days2 | Often 30 to 45 days |
| Access to funds | HELOC credit card or ACH | Checkbook or wire transfer |
| Draw experience | Swipe, tap, or use online like a card | Manual draw requests |
| Rate structure | Variable, tied to Prime, with fixed-rate draw options1 | Variable, tied to Prime |
| Upfront draw requirement | Draw what you need, when you need it11 | Varies by bank |
| Cash-back rewards | Up to 2% cashback on Trovy Card purchases and up to $200 in home services credits10 | No |
| Annual, appraisal, inactivity, prepayment and application fees | None4 | Often |
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.
Why is Trovy faster than a bank?
Traditional banks often rely on manual underwriting and in-person steps. Trovy's process is built digitally from the ground up, which can reduce the time from application to funding. There's no in-person appraisal requirement, and the application is 100% online.
Does my Trovy HELOC rate work the same way as a bank?
Yes. Like most bank HELOCs, your APR is tied to the WSJ Prime Rate plus a margin based on your credit profile.
Ready to unlock your home equity?
Takes 2 minutes to check your rate • No credit impact5