diff --git a/fs/ext4/ioctl.c b/fs/ext4/ioctl.c
index 2cba8936e299b..62a68d9cee1cb 100644
--- a/fs/ext4/ioctl.c
+++ b/fs/ext4/ioctl.c
@@ -732,6 +732,10 @@ static int ext4_ioctl_setproject(struct inode *inode, __u32 projid)
 	if (ext4_is_quota_file(inode))
 		return err;
 
+	err = dquot_initialize(inode);
+	if (err)
+		return err;
+
 	err = ext4_get_inode_loc(inode, &iloc);
 	if (err)
 		return err;
@@ -747,10 +751,6 @@ static int ext4_ioctl_setproject(struct inode *inode, __u32 projid)
 		brelse(iloc.bh);
 	}
 
-	err = dquot_initialize(inode);
-	if (err)
-		return err;
-
 	handle = ext4_journal_start(inode, EXT4_HT_QUOTA,
 		EXT4_QUOTA_INIT_BLOCKS(sb) +
 		EXT4_QUOTA_DEL_BLOCKS(sb) + 3);