1. Jesus (when He had ascended to the Father) had used as an "imputation" the Ransom merit which He had deposited in the Father's hands; but He did not "give" it to His disciples. It was not for them as a possession, but for the world--"a Ransom for all." EF6; 1Tim.2:6
2. What could be done to make us acceptable sacrifices and to permit us to be associated with Jesus on the spirit plane? The proper thing was done--an imputation of the Merit of Jesus was granted by Divine justice on behalf of all who would enter into a Covenant of Sacrifice, and for whom Jesus would become Advocate or Surety. This imputation of the merit of His sacrifice to the Church by Jesus might be likened to a mortgage, or an encumbrance upon the Ransom-sacrifice which would hinder it from being applied to the world until its application to the Church shall be completed. EF:9
3. It was on the basis of this imputation of our future restitution blessings, and our own personal consecration to the Lord, that our Redeemer, acting as our great High Priest and Advocate, brought us into that relationship with the Father's plan which permitted us to receive the begetting of the holy Spirit and to "cease to be of the human family" and "become members of the spiritual family," of which Jesus is the Head. Not until all of the spirit- begotten ones shall have passed into death will the merit of Christ, placed on deposit on the hands of Justice when He died, and mortgaged in the interest of the Church, be released from that mortgage and be ready for full application in the purchase of Adam and his race under the terms of the New Covenant. EF:11 Full quote.
4. After all the spirit-begotten class (as above stated) have passed into death, and when the Ransom-price is formally delivered over to Justice, it will no longer be a deposit at the command of our Lord, but will have been exchanged (applied) for Adam and his race, all of whom will be immediately transferred by the Father to the Son, that His Mediatorial reign may begin, and all the families of the earth be subjected to the Redeemer, that He may uplift them out of sin and death conditions to all that was lost in Adam--to all for which Jesus died to regain for man. EF:8 Full quote.
5. In the type, the merit is applied to himself and his house. "Himself" represents the Church as Christ's Body; "His House" represents the "Antitypical Levites," who are the Great Company class, a great multitude "who will serve God day and night in His Temple"-- in the Church glorified, Rev.7:13-15; 19:6. R5972:13