What is the source of true saving faith?

In sovereign grace theology, the source of true saving faith is found in the sovereign work of God, who grants faith to His elect. 2 Peter 1:1 refers to those who have 'obtained like precious faith,' indicating that this faith is given rather than chosen. This understanding reinforces that faith is not initiated by an individual's decision but is born from God’s grace. Ephesians 2:8-9 states explicitly that faith is a gift from God, highlighting that no one can boast in their own ability to believe. True saving faith, therefore, originates from God’s initiative and results in a believer's admission of dependence on Christ alone for salvation.