To be honest I have a difficult time separating regeneration from faith in one direction or the other. I cannot see any temporal separation between regeneration and faith, particularly if regeneration is literally removing our spirit's separation from God, or our spirit entering into that reconciled relationship with him. I cannot imagine the possibility of a man having saving faith without possessing that renewed spiritual relationship with God (regeneration) I also cannot imagine a man being regenerated (in a reconciled state?) without possessing faith. So, from a temporal standpoint the issue about which comes first, to me is moot... neither comes first, they both come together.
I don't think faith is the prerequisite for salvation, but that it is the agent through which our reconciled relationship with God flows. We were not rewarded for our own faith with regeneration. We were given repentance and faith in regeneration. Not as a reward for faith (which is then merit) but thoroughly by grace.
I do believe that saving faith is different from other forms of faith that we possess and to possess that kind faith requires the supernatural intervention of God. I believe that the Holy Spirit uses the Word of God to tug and cultivate and prepare the heart of the hearer, but ultimately there is a revelatory requirement from the Holy Spirit that the truth of the Word of God is not merely true, but it applies to me. Not that Jesus died for sins and rose again, but that he died for my sins. This is not an intellectual understanding of facts, nor is it merely an assent to the facts but a personal application of the promises of Christ. When I think about what makes me different than other men who are not saved, I cannot find the reasons within me. There are men with far more intellectual capacity, emotional capacity, men more deserving than me, of better pedigree, of better humor, more devoted to their fellow man, less self serving and on and on. Yet I am saved and they are not. Why? Two men confronted with the same gospel, one accepts it and the other rejects it. Why?
The question is did God do something for me that he did not do for that other man? Or, did I do something for myself, by myself that the other man did not do. I cannot accept that I was in any way better than the man who rejected Christ. I can only see that that man in every way was better than me. Yet, I am saved and he is not. How then did I accept Christ? I am driven to concluded that it is grace only bestowed upon me that is the difference. Grace not owed to either of us. I can only conclude that the very existence of my faith is by the grace of God. Is God unrighteous that he did not bestow grace upon that other man? Does God somehow become righteous in this equation only if I am the difference? In other words does it take a righteous act by me (put my faith in Christ) vs. an unrighteous act by him (reject Christ) for God to sidestep some sort of culpability in the damnation of the unsaved man? I submit that God is under no obligation to me or anyone. He is not culpable in a man's damnation because he shows grace to another man. He is absolutely holy and righteous to send us both and every other man from Adam outside of Christ straight to an eternity in the lake of fire. I am saved and the other man is not simply because God gave me grace which he did not give the other man. I believe my faith is that grace and my obtaining of it is by grace.
Gen 6:7 And the LORD said, I will destroy man whom I have created from the face of the earth; both man, and beast, and the creeping thing, and the fowls of the air; for it repenteth me that I have made them.
Gen 6:8 But Noah found grace in the eyes of the LORD.
why? Did Noah merit this favour, did he find grace in the eyes of the LORD because he was better or more righteous? I would submit that if Noah was in any way better or more righteous than the wicked men upon whom judgement was about to fall it was because of the grace he found in the eyes of the LORD and not the other way around.
Rom 10:17 So then faith cometh by hearing, and hearing by the word of God.
2Pe 1:1 Simon Peter, a servant and an apostle of Jesus Christ, to them that have obtained like precious faith with us through the righteousness of God and our Saviour Jesus Christ:
Php 3:9 And be found in him, not having mine own righteousness, which is of the law, but that which is through the faith of Christ, the righteousness which is of God by faith:
Eph 2:8 For by grace are ye saved through faith; and that not of yourselves: it is the gift of God:
1Ti 1:14 And the grace of our Lord was exceeding abundant with faith and love which is in Christ Jesus.
Rom 12:3 For I say, through the grace given unto me, to every man that is among you, not to think of himself more highly than he ought to think; but to think soberly, according as God hath dealt to every man the measure of faith.
1Co 2:4 And my speech and my preaching was not with enticing words of man's wisdom, but in demonstration of the Spirit and of power:
1Co 2:5 That your faith should not stand in the wisdom of men, but in the power of God.
Gal 3:2 This only would I learn of you, Received ye the Spirit by the works of the law, or by the hearing of faith?
Gal 3:3 Are ye so foolish? having begun in the Spirit, are ye now made perfect by the flesh?
Gal 5:22 But the fruit of the Spirit is love, joy, peace, longsuffering, gentleness, goodness, faith,