I have never really thought about it much, but getting additional money from your existing home is possible. If you are a retiree and you feel that your home is too big for you, then maybe downsizing to a smaller home (but within the same vicinity) can make you a nice profit. That is certainly a possibility that is available to most homeowners and maybe they won't be needing Homeowner Loans. But of course, for some people who have developed some attachments to their home of ten years (or longer), this might not be a very good option. It is actually a personal decision. I just never thought that possible, until I read about that here in the internet.
My parents are retired now, and if they are the only ones living in our house it would really be too big for them. It's a good thing that some of my sisters and their family still live with them, so the house is just enough for them all. The house serves as the place where we hold our reunions also, so it fits all of us when we go and visit them. I guess the house is a warmer place because of the many memories it has witnessed so far. :)