Josh...

You are mixing up justification and sanctification. Justification is what declares us to be righteous on the basis of Christ's merits and blood atonement but it does not make us righteous. After we are justified, God then begins His work of sanctification in us which begins to make us righteous. This process is completed at our glorification.

Therefore, based upon my definition of Lordship salvation:

repentance and faith = justification
produce fruit = sanctification

I contend that all those who are justified will begin the process of sanctification. This sanctification does not justify them it is merely the evidence of a person's justification.

In Christian circles when a person says they are "saved" they are refering to justification not sanctification.