Here is our SBC Statement of Faith on “God’s purpose of Grace”:
“V. God’s Purpose of Grace
Election is the gracious purpose of God, according to which He regenerates, justifies, sanctifies, and glorifies sinners. It is consistent with the free agency of man, and comprehends all the means in connection with the end. It is the glorious display of God’s sovereign goodness, and is infinitely wise, holy, and unchangeable. It excludes boasting and promotes humility.
All true believers endure to the end. Those whom God has accepted in Christ, and sanctified by His Spirit, will never fall away from the state of grace, but shall persevere to the end. Believers may fall into sin through neglect and temptation, whereby they grieve the Spirit, impair their graces and comforts, and bring reproach on the cause of Christ and temporal judgments on themselves; yet they shall be kept by the power of God through faith unto salvation.
Genesis 12:1-3; Exodus 19:5-8; 1 Samuel 8:4-7,19-22; Isaiah 5:1-7; Jeremiah 31:31ff.; Matthew 16:18-19; 21:28-45; 24:22,31; 25:34; Luke 1:68-79; 2:29-32; 19:41-44; 24:44-48; John 1:12-14; 3:16; 5:24; 6:44-45,65; 10:27-29; 15:16; 17:6,12,17-18; Acts 20:32; Romans 5:9-10; 8:28-39; 10:12-15; 11:5-7,26-36; 1 Corinthians 1:1-2; 15:24-28; Ephesians 1:4-23; 2:1-10; 3:1-11; Colossians 1:12-14; 2 Thessalonians 2:13-14; 2 Timothy 1:12; 2:10,19; Hebrews 11:39–12:2; James 1:12; 1 Peter 1:2-5,13; 2:4-10; 1 John 1:7-9; 2:19; 3:2.”
There are some who want to tell us that people who were saved in the Old Testament were saved by their works. That is not so. They were all saved by faith looking forward to the cross of Jesus Christ. People today are saved looking back to the cross of Jesus.
It is said of Noah, “But Noah found grace in the eyes of the LORD.” Genesis 6:8 (KJV). The word ‘Grace’ is found more often in the book of Genesis than in all four New Testament Gospels combined (12 times in Genesis; 4 times in Luke and John with 3 of those in John). Now, would someone tell me that the Old Testament people were saved by their works. Go figure.
The one New Testament Scripture that stands out as a favorite for all Christians is Ephesians 2:8-10. That is right I include verse ten. It is one we too often leave out. “For by grace are ye saved through faith; and that not of yourselves: it is the gift of God: Not of works, lest any man should boast. For we are His workmanship, created in Christ Jesus unto good works, which God hath before ordained that we should walk in them.” Trust the God of grace.