Although some Radical Reformers also held unscriptural beliefs, such as extreme pacifism or the ability for a person to lose their salvation, there is also evidence that some of them held to views that particularly resembled modern Free Grace viewpoints, that often makes the Free Grace movement resemble the 16th century Radical Reformation.
While modern Anabaptistic groups such as Mennonites are descendants of the Radical Reformation, they represent only few of the direct surviving strains of the movement, which showed far more wide ranges of belief in its early form.
Eternal Security
"They condemn the Anabaptists, who deny that those once justified can lose the Holy Ghost. Also those who contend that some may attain to such perfection in this life that they cannot sin."
Other incorrect articles which do not concern secular government... the born again can not fall into God’s wrath and when they commit adultery, they say they are driven by the Spirit.
Even today some understand Christ and Paul as ascribing righteousness and life to faith alone, as if a faith without deeds and fruit is enough for salvation. For how can it be a barren, that is, a dead faith, when life—and much more—comes forth from it? (Reformation Commentary on Scripture, New Testament XIII: Hebrews, James. Edited by Ronald K. Rittgers. Downers Grove, IL: IVP Academic, 2017, p. 233)
Anthropology
But until that light shines in Children—that is, until they know the difference between good and evil—they remain innocent and will enter into the promised land. In this case we are not referring to the earthly land of Canaan but rather the heavenly Jerusalem." - Three kinds of grace in the Scriptures, Old and New Testaments, para. 15
"Nearly all Anabaptists consider children to be of pure and innocent blood, and they consider original sin not a sin which of itself condemns both the children and the adults. They also claim that it does not make anyone unclean except the one who accepts this sin, makes it his own, brings forth fruits of it and is unwilling to part from it. For they claim foreign sin does not condemn anybody, and in this they refer to the Ezekiel 18." - Chronica, Zeitbuch und Geschichtsbibel, Fol. 446
However, this belief was condemned by the Lutherans, who taught that infants are saved through Baptism:
"Of Baptism they teach that it is necessary to salvation, and that through Baptism is offered the grace of God, and that children are to be baptized who, being offered to God through Baptism are received into God’s grace. They condemn the Anabaptists, who reject the baptism of children, and say that children are saved without Baptism." - Article IX
Thus, the Anabaptists rejected that infants born are born guilty, however they still maintained that we inherit consequences of sin, such as a sinful nature inclined to sin, which inevitably leads every human to sin and human mortality.
Rejection of infant Baptism
A major consequence of the Anabaptist rejection that Baptism is a means of grace was their rejection of infant baptism, instead teaching that only those capable of belief should be baptized. This view was often attacked by the Reformed confessions, as the Second Helvetic Confession (1566) reads:
"We condemn the Anabaptists, who deny that newborn infants of the faithful are to be baptized. For according to evangelical teaching, of such is the Kingdom of God (Luke 18:16), and they are in the covenant of God (Acts 3:25). Why, then, should the sign of God's covenant not be given to them? Why should those who belong to God and are in his Church not be initiated by holy baptism?" (chapter 20).
Infant baptism is also is also commonly rejected by modern Evangelicals, including those who hold to Free Grace theology.
Free Will
Grace comes to us, not out of us, so that no one can boast in himself but in the merits of our Lord Jesus Christ, 1 Cor 1:4. For our flesh and blood cannot reach such sonship out of their own power, John 1:12; Matt 16:17; 1 Cor 15:50. Since, however, this sonship is offered to all people equally, for the seed of the divine Word falls equally in four kinds of earth, it follows that we have the equal power to accept the seed and to bear fruit, John 1:12; Matt 28:19; Mark 16:15; Matt 13:3ff; Mark 4:3ff. If we do not do that, then it is not God who is guilty, or his seed, but the evil of the earth, that is, we ourselves. Thus Peter hears Christ, accepts his Word, and brings forth fruit, John 1:42. Herod also hears it, however, does not accept his Word, and does not bear fruit. Now that is the fault of the wickedness of Herod. Since, however, Peter and Herod are alike sinners and evil, the reason why his inborn evil does not harm Peter and yet harms Herod is that Herod follows his inborn evil and walks according to it, but not Peter, Eph 3; 1 Cor 15:45ff; Rom 8:5-9. In addition, the fact that God looks at Peter and moves him to lament his sins has to do with the mercy of God, Matt 26:75. That he does not look at Judas is the fault of the traitor who sold innocent blood for thirty pennies. He had to sentence himself and say, "I have sinned in that I have betrayed innocent blood," Matt 27:4. Whoever is not satisfied with this answer, namely, that the mercy of God is the cause of our salvation and our wickedness is the cause of our damnation, must ask God himself, Rom 11:11-12. I was not his advisor, nor was I with him in his council. Whoever says that God wills sin does not know what God or sin is. For sinning is always to do or to omit something against the will of God, 1 John 2:5-6. - Balthasar Hubmaier, "Freedom of the Will, II" in Balthasar Hubmaier: Theologian of Anabaptism, trans & ed. Pipkin & Yoder (1989), (p 468-469)

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