Faith is the basis for salvation. We are not saved by our Faith, for that would mean that Faith is a work of our own contrivance. We are saved through our God-given faith on the atoning-work of Christ’s death on the cross to pay our sin-debt.
Through this faith in salvation, we are saved from sin on three different levels.
1. Sin’s Power: We are no longer slaves to sin. We are free. This is evidenced by our progressive sanctification.
2. Sin’s Penalty: We are clothed in Christ’s righteousness and have inherited his standing before God the Father. This is justification. God proclaiming us righteous, because of Christ’s death on our behalf.
3. Sin’s Presence: We will be free from even the presence of sin upon Glorification.