diff --git a/src/xenia/cpu/raw_module.cc b/src/xenia/cpu/raw_module.cc
index 583a66922..ae51067c7 100644
--- a/src/xenia/cpu/raw_module.cc
+++ b/src/xenia/cpu/raw_module.cc
@@ -33,15 +33,18 @@ bool RawModule::LoadFile(uint32_t base_address, const std::wstring& path) {
   // Allocate memory.
   // Since we have no real heap just load it wherever.
   base_address_ = base_address;
-  memory_->LookupHeap(base_address_)
-      ->AllocFixed(base_address_, file_length, 0,
-                   kMemoryAllocationReserve | kMemoryAllocationCommit,
-                   kMemoryProtectRead | kMemoryProtectWrite);
+  auto heap = memory_->LookupHeap(base_address_);
+  if (!heap ||
+      !heap->AllocFixed(base_address_, file_length, 0,
+                        kMemoryAllocationReserve | kMemoryAllocationCommit,
+                        kMemoryProtectRead | kMemoryProtectWrite)) {
+    return false;
+  }
+
   uint8_t* p = memory_->TranslateVirtual(base_address_);
 
   // Read into memory.
   fread(p, file_length, 1, file);
-
   fclose(file);
 
   // Setup debug info.