Ed Parcaut - Mortgage Broker - Lending For Living

About Loan Squad

Loan Squad is an intelligent VA loan platform dedicated to serving veterans and active-duty military members. They provide transparency, real-time tools, and a streamlined process for obtaining VA home loans. The company emphasizes a "$0 Down, No PMI, No Runaround" approach, aiming to simplify homeownership for those who have served. With a focus on technology and efficiency, Loan Squad offers a unique platform designed to empower veterans with the information and resources they need to navigate the home-buying journey confidently. They are licensed in California and operate as a DBA of Lending For Living, Inc., both of which are disabled veteran-owned businesses.

Credibility & Trust

Loan Squad boasts a 5.0 Google Rating and over 15 years of experience in the mortgage industry. They are NMLS #855360 and a licensed Equal Housing Lender in California. The platform highlights an impressive 98% approval rate and an average close time of 18 days, significantly faster than the industry average. They have funded over $850 million in loans and served more than 2,500 veterans, underscoring their extensive experience and success in assisting military personnel with home financing.

Loan Squad Offers

Loan Squad specializes in VA loans, offering a range of programs including VA Purchase Loans and VA Streamline Refinance (IRRRL). Their platform provides tools for a $0 down payment, no PMI, and competitive rates, with no prepayment penalty. The IRRRL program allows for rate reduction with minimal paperwork, no appraisal, and no full credit pull. They offer a unique "8-Day Close" capability for VA purchase loans. Key services include an eligibility engine for instant results without a credit pull, a smart calculator for VA vs. conventional payment comparisons, and a document checklist tailored to individual needs.

Unique Advantages

Loan Squad distinguishes itself through its technology-driven platform offering unparalleled transparency and efficiency for veterans. They provide an "8-Day Close" capability, significantly faster than the industry average. Their platform features an AI-powered eligibility engine that delivers instant results without a credit pull, and a "No credit pull 2-minute results" promise. Additionally, they emphasize a "Zero Runaround" approach, ensuring a smooth and straightforward process for all users.