Saving Faith Defined
Saving faith is resting on what the Savior already did on the Cross for our salvation. It is being entirely confident that what He did was enough for the salvation of our souls.
It is finding His work on the cross sufficient to effect salvation. It is being fully convinced and persuaded about what God has revealed in His Word about the death of His Son on the cross for sinners. It is taking God at His Word.
It is leaning on the Savior. You have no strength to hold yourself up (to save yourself) and so you lean wholly and entirely on Him. It is depending and relying on Him. It is counting upon His work on the cross to deliver its promise.
It is looking away from everything and everyone else and turning to the Savior alone for salvation. It is entrusting the salvation of your soul completely to Him. It is pinning your only hope of salvation utterly on Him.
P.S. Hebrews 11:1 is a *description* of faith with regard to things promised by God in the future, hence, referring to things not yet seen in the present. It describes what faith does with regard to future things not yet seen and realized.
When we talk about saving faith, we don't look ahead to the future, we look back to the Savior who died on the cross 2000 years ago.