I think this is a result of a fundamental misunderstanding of the elements of our salvation. In order to be saved one must undergo Justification, Regeneration, Adoption, and Sanctification. All are provided and accomplished by the blood. When one repents they are “justified by faith” (
Romans 5:1). Once, “justified”, they are forgiven and made “just” so that they can approach the Lord to receive the baptism Holy Ghost. The baptism of the Holy Ghost begins the process of, “regeneration”, as the old man is subdued by the Spirit and the new man is made alive by the Spirit. Then one takes their first step in obedience…water baptism. When one is water baptized in Jesus name they are buried with Christ and take his name upon themselves, this provides for our “adoption” into the family and Kingdom of God. Throughout this entire process we are coming into obedience and being made right before God, setting us apart for His sacred use; so from repentance to both the Holy Ghost and water baptism one is in the process of being “sanctified”. This "sanctification" continues throughout one’s life as they continually yield and surrender to the prompting of the Spirit of God.
So the blood is indeed applied at repentance and one is justified and sanctified before God…but the blood isn’t finished.
Indeed the blood is at work in water baptism in Jesus’ name as one is adopted and sanctified before God….but the blood isn’t finished.
Yes, the blood is even at work when one receives the baptism of the Holy Ghost and their regeneration begins...but the blood isn't finished.
And lastly….the blood is still at work throughout the believer’s life as they are continually sanctified in their walk in Christ.
Brothers and Sisters….our salvation is all by the blood. Our salvation can’t be broken up into individual elements for each is dependent upon another. It is a single whole.
That’s my understanding.