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With Thee

Psalm 130:4 "But there is forgiveness with thee, that thou mayest be feared."
Psalm 130:7 "Let Israel hope in the LORD: for with the LORD there is mercy, and with him is plenteous redemption."

Of these verses in Psalm 130, Thomas Goodwin in Justifying Faith (p.5) states: "Three things are here said to be with God, which phrase, with God, he again and again chooseth to express the grounds of his hope in God by. He applies it:

To mercy, the original and womb of all: ‘Mercy is with him.’ When a quality is in one as a disposition, or his nature, we find it said, that it is with him: of Nabal, ‘Folly is with him; as is his name, so is he,’ 1Samuel 25:25.
To redemption, which I understand to be the mediation and satisfaction of the Messiah (which was in those times in the psalmist and other believers’ eyes) the procuring cause of all.

    3.   To forgiveness, as the fruit and effect of both: ‘Forgiveness also is with thee.’ "