diff --git a/pkg/chart/loader/load.go b/pkg/chart/loader/load.go
index 04105f9ac..f04c0e9b3 100644
--- a/pkg/chart/loader/load.go
+++ b/pkg/chart/loader/load.go
@@ -104,12 +104,12 @@ func LoadFiles(files []*BufferedFile) (*chart.Chart, error) {
 		// Deprecated: requirements.yaml is deprecated use Chart.yaml.
 		// We will handle it for you because we are nice people
 		case f.Name == "requirements.yaml":
-			if c.Metadata.APIVersion != chart.APIVersionV1 {
-				log.Printf("Warning: Dependencies are handled in Chart.yaml since apiVersion \"v2\". We recommend migrating dependencies to Chart.yaml.")
-			}
 			if c.Metadata == nil {
 				c.Metadata = new(chart.Metadata)
 			}
+			if c.Metadata.APIVersion != chart.APIVersionV1 {
+				log.Printf("Warning: Dependencies are handled in Chart.yaml since apiVersion \"v2\". We recommend migrating dependencies to Chart.yaml.")
+			}
 			if err := yaml.Unmarshal(f.Data, c.Metadata); err != nil {
 				return c, errors.Wrap(err, "cannot load requirements.yaml")
 			}
diff --git a/pkg/chart/loader/load_test.go b/pkg/chart/loader/load_test.go
index e36fd96a8..ea5a35560 100644
--- a/pkg/chart/loader/load_test.go
+++ b/pkg/chart/loader/load_test.go
@@ -58,6 +58,19 @@ func TestLoadV1(t *testing.T) {
 	verifyDependenciesLock(t, c)
 }
 
+func TestLoadFileV1(t *testing.T) {
+	l, err := Loader("testdata/frobnitz.v1.tgz")
+	if err != nil {
+		t.Fatalf("Failed to load testdata: %s", err)
+	}
+	c, err := l.Load()
+	if err != nil {
+		t.Fatalf("Failed to load testdata: %s", err)
+	}
+	verifyDependencies(t, c)
+	verifyDependenciesLock(t, c)
+}
+
 func TestLoadFile(t *testing.T) {
 	l, err := Loader("testdata/frobnitz-1.2.3.tgz")
 	if err != nil {
diff --git a/pkg/chart/loader/testdata/frobnitz.v1.tgz b/pkg/chart/loader/testdata/frobnitz.v1.tgz
new file mode 100644
index 000000000..6282f9b73
Binary files /dev/null and b/pkg/chart/loader/testdata/frobnitz.v1.tgz differ