HRS §209-33
What happens if you miss a loan payment
If you miss a payment or break a rule in your loan or mortgage, the state can demand the full remaining balance right away. The state can also take your property through foreclosure. This section gives the state these options.
borrowers
The statute, as written — Default
If the applicant is in default of any term or condition in any loan agreement or mortgage or the provisions of this part, the unpaid balance of the loan, including interest, shall, at the option of the director of business, economic development, and tourism, become due and payable forthwith, and the director may foreclose any mortgage by any method provided by law.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.