Loading Screen System (Level Transitions w/ Progress)

Do you mean *without *Level Streaming?
Entirely without, no. You would have to at least embed your actual level (the one containing assets) within an empty root level.
You could then, however, transition between two such sets of levels to keep them separate (to use different GameModes, for example).

See this video:
https://www.youtube.com/watch?v=2uXt1gdZffs