Stanza 1
From the depths of sin and shame,
Where my soul was bound in chains,
Came a voice that called my name—
Love that breaks what guilt restrains!
Refrain
It’s all mercy! It’s all grace!
Vict’ry shouts in every place!
Grace that triumphs, mercy wins,
Hallelujah! Joy begins!
Glory, glory, praise His name—
It’s all mercy, all grace!

Stanza 2
When the accuser raised his voice,
Pointing out my every wrong,
Mercy silenced every noise,
Grace rewrote my broken song!
Refrain
It’s all mercy! It’s all grace!
Vict’ry shouts in every place!
Grace that triumphs, mercy wins,
Hallelujah! Joy begins!
Glory, glory, praise His name—
It’s all mercy, all grace!

Stanza 3
On the cross my Savior died,
Bearing wrath that should be mine;
Now I’m raised and justified,
Seated in the heavenlies fine!
Refrain
It’s all mercy! It’s all grace!
Vict’ry shouts in every place!
Grace that triumphs, mercy wins,
Hallelujah! Joy begins!
Glory, glory, praise His name—
It’s all mercy, all grace!

Stanza 4
Every chain of fear is gone,
Death has lost its fatal sting;
Christ the Victor leads us on,
Making all His people sing!
Refrain
It’s all mercy! It’s all grace!
Vict’ry shouts in every place!
Grace that triumphs, mercy wins,
Hallelujah! Joy begins!
Glory, glory, praise His name—
It’s all mercy, all grace!

Stanza 5
Though the trials rage and roar,
Grace supplies my every need;
Mercy opens heaven’s door,
And my heart is fully freed!
Refrain
It’s all mercy! It’s all grace!
Vict’ry shouts in every place!
Grace that triumphs, mercy wins,
Hallelujah! Joy begins!
Glory, glory, praise His name—
It’s all mercy, all grace!

Stanza 6
Now I run this race with fire,
Eyes on Jesus, strong and true;
Mercy lifts me ever higher,
Grace will carry me on through!
Refrain
It’s all mercy! It’s all grace!
Vict’ry shouts in every place!
Grace that triumphs, mercy wins,
Hallelujah! Joy begins!
Glory, glory, praise His name—
It’s all mercy, all grace!

Stanza 7
When I stand before the throne,
Clothed in robes of righteousness,
I will cast my crown before
Him who saved me—nothing less!
Refrain
It’s all mercy! It’s all grace!
Vict’ry shouts in every place!
Grace that triumphs, mercy wins,
Hallelujah! Joy begins!
Glory, glory, praise His name—
It’s all mercy, all grace!