Is it faith that saves us, or is it actually grace that saves us?
I think it is both.
Faith is often a cliche; thus not really experienced much by most. Paul defines it in Rom 10:17 quoted below.
The feasts and sacrifices defines what is grace and faith in the two works of Christ:
1 - Justification(Passover) : completed at the cross that paid our debt and impute on us His righteousness. This is actually what Paul's refers to when he said that we "
are not under the law, but under grace." He got that from the definition of redemption found in Lev 25.
2- Sanctification(Pentecost) : the offering was 2 leavened(sin) loaves of wheat bread cooked in fire(Holy Spirit)(Lev 23:17). The bread is us, still with sin in us, needing the baptism of the Holy Spirit to stop the action of leaven. The fire represents the "
fiery law"(Deut 33:2) that the Spirit speaks to us personally, to teach us righteousness by following His voice and disciplining us when we don't.
1st Work of Justification and GraceThe first work is a type of "grace" work, despite grace is as much part of the second work too.
Because His blood did pay our debt fully, that's why He "
calls those things which be not as though they were." Rom 4:17 This is the basis of the gospel -- the Lord has declared everyone righteous. This righteousness is imputed unto us by Jesus' works at the cross; however it is still not actual. To bring this declaration in actuality rest on His 2nd work called sanctification.
2nd Work of Sanctification and FaithThe second work is where faith is defined. Paul defines as such "
So then faith [cometh] by hearing, and hearing by the word(rhema, utterance) of God." Rom 10:17
At the time of the first Pentecost, Israel was at Sinai where the Lord descended, uttering His law by making His voice heard to all the people. The people were afraid "
And they said unto Moses, Speak thou with us, and we will hear: but let not God speak with us, lest we die." Ex 20:19
Yes hearing the Lord does "burn" the "flesh" by bringing our carnal nature to death. Cooking the leavened loaves is part of the process for the bread to become an acceptible sacrifice.
And so sanctification isn't possible without hearing the voice of the Lord for yourself, for only through hearing the
fiery law that's when faith comes. Through His gracious discipline He also teaches us obedience. Actually obedience and hearing is the same Hebrew word
shema. That's when it gets written on our heart tablets. Then that law becomes part of our nature and the works of it becomes natural.
That's how the imputed righteousness from the first work of Christ becomes reality in our heart through His second work of sanctification. Both works are done through the grace of Christ, but faith comes only from hearing.